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Regulatory Requirements Regulatory (Tables)
6 Months Ended
Jun. 30, 2019
Regulatory [Abstract]  
Computation of Net Capital under Securities and Exchange Commission Regulation
As of June 30, 2019, these regulated broker-dealers had regulatory net capital or financial resources, regulatory net capital requirements or minimum FCA requirement and excess as follows:
Subsidiary
 
Net Capital
 
Minimum Net Capital Requirement
 
Excess Net Capital
 
 
(dollars in thousands)
Cowen and Company
 
$
95,807

 
$
1,000

 
$
94,807

Cowen Execution
 
$
116,967

 
$
2,541

 
$
114,426

ATM Execution
 
$
5,375

 
$
250

 
$
5,125

Cowen Prime
 
$
12,091

 
$
250

 
$
11,841

Westminster
 
$
21,602

 
$
250

 
$
21,352

Cowen International Ltd
 
$
15,479

 
$
8,562

 
$
6,917

Cowen Execution Ltd
 
$
5,158

 
$
3,087

 
$
2,071

Cowen and Company (Asia) Limited
 
$
1,092

 
$
384

 
$
708